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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (35744)7/4/2003 10:37:15 PM
From: Maurice Winn  Respond to of 74559
 
Jay, for decades it has fascinated me how slowly money runs from high voltage to low, like electrons in a circuit. I know that places like India maintain their poverty by stopping money running into and out of their country, but after a time in poverty, one would think people would figure out that cash flow is necessary for prosperity.

Electrons dislike high impedance, finding an easier path. So does money.

From a hydrology point of view, the river of money runs from high potential energy to low and the river needs to run through a country for the country to prosper. The Albanian, North Korean, Mao's China and Indian cash flow methods didn't do much for wealth, though the socialist kleptocratic ideologies flourished.

China has shown what can happen, even on a grand scale, when the cash flow spigots are opened up. Now they've built the Three Gorges system and plan to keep the flow contained for a while and make even more use of it. I suppose money will end up staying in China for a while too, generating even more power, instead of just flowing in and out again.

The money and river flows are comparable in size, so I dare say China is going to do very well if they manage the flows well. I hope they get petatrillions of those amazing CDMA2000 phragmented photons flowing too, pushed around by umptymillion cyberphone electronic gizzards. That'll really turbocharge and electrify the economy and get the rivers of peace, light, harmony, happiness, health, prosperity, longevity, fun and love flowing [to mix several metaphors].

China had a century of watching Hong Kong prosper before figuring out that money talks.

Mqurice